Ness Energy International is in the process of conducting negotiations to acquire the drilling equipment necessary for it to begin activities on the 100,000 acres parcel it recently announced it would acquire in the South West area of the Dead Sea.
The company's Chief Executive Officer, Hayseed Stephens is currently in Israel conducting negotiations with equipment owners and vendors. The current business of the company is focused upon development and execution of oil and gas exploration plans.
These transactions will support the company's objective of developing a land base in Israel to pursue exploration and development activities to develop a source of oil for Israel and the Christian community. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
